On September 12, 2025, Tether announced the launch of the new stablecoin USA₮, which will be fully regulated in the U.S. Bo Hines has been appointed as the CEO of Tether USA₮.
USA₮: A New Standard for U.S. Stablecoins
USA₮ is a dollar-backed stablecoin fully compliant with U.S. regulations, designed to be backed by transparent reserves and to comply with the recently enacted GENIUS Act. This new stablecoin aims to provide businesses and institutions a lawful alternative to cash.
Bo Hines's Appointment at Tether
Bo Hines, a former Executive Director of the White House Crypto Council, has been appointed as the CEO of Tether USA₮. His expertise and understanding of U.S. regulatory priorities are expected to foster the successful launch and management of USA₮.
Additional Updates from Tether
Tether has also announced the launch of the USDT0 liquidity protocol in collaboration with OKX, which will allow USDT to be utilized across more than 12 blockchains, thereby simplifying cross-chain transactions and emphasizing the increasing integration of stablecoins in DeFi.
Tether's announcements highlight its commitment to transparency and compliance, and the significance of stablecoins in the digital economy.